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Mortgage Advice News

Calls for emergency mortgage summit

The Liberal Democrats are urging Prime Minister Rishi Sunak to organise an emergency summit with banks and mortgage lenders at Downing Street. This call comes amidst fears that homeowners may face financial hardship as cheaper mortgage deals are being withdrawn…

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Mortgage Advice News

June Newsletter

Welcome to our June Newsletter. It’s been a busy couple of months at Mc Daid Mortgages and we’ve loved helping so many new people with their first mortgage. We’ve also managed to alleviate a lot of concerns for existing customers who…

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Mortgage Advice News

Mortgage rate concern at an all-time high, research finds

Public concern about mortgage rates and defaulting on payments is at an all-time high, according to research by the debt advisory specialists, Sirius Property Finance. Sirius Property Finance has analysed UK Google Interest Scores for mortgage-related search terms to see…

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Mortgage Advice News

Why lenders are pulling mortgage deals and what it means for you

Inflation remains high and mortgage lenders are getting the jitters. Last week they began pulling mortgages and raising prices. What does it mean for homebuyers and remortgagers? Just when we thought things had settled down, another mortgage storm as erupted….

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Mortgage Advice News

NI housing market: Prices here fall for second time but remain 5% higher than...

House prices in Northern Ireland saw their second consecutive quarterly fall in the first quarter of 2023. The official House Price Index saw a 1.8% decline compared to the final quarter of 2022 giving an average price of £172,000. However,…

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Mortgage Advice News

10-year fixed rate mortgage options declining

Customers seeking a 10-year fixed mortgage deal are faced with a shrinking range of options as lenders retreat from this part of the market. Recent analysis by Moneyfactscompare.co.uk shows a discernible downturn in the provision of these decade-long fixed agreements….

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Mortgage Advice News

Interest rates raised to 4.5%: Here’s what it means for mortgage borrowers

Interest rates have been raised to 4.5%, putting more pressure on borrowers – particularly those on tracker mortgages, variable rates and those buying or remortgaging. The Bank of England’s 0.25% rise is the 12th consecutive hike to the base rate and…

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Mortgage Advice News

April Newsletter

Thank you for taking the time to read our April newsletter! Please feel free to send and share this newsletter with friends and family – we would be delighted to assist them if they have any questions Simply click the…

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Mortgage Advice News

Easter Holidays

That’s us finished up for the Easter Holidays folks. We’ll be back on Wednesday 12th. Hope the Easter Bunny delivers plenty of eggs for everyone. Happy Easter to you all

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Mortgage Advice News

Government extends mortgage support for benefit claimants

An additional 200,000 Universal Credit claimants will be able to access quicker support with their mortgage from today Previously, claimants would need to have been unemployed for nine months before they could access a Support for Mortgage Interest loan, which…

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    Your home may be repossessed if you do not keep up repayments on your mortgage. Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage. Get expert advice from an experienced mortgage adviser in Derry. We're trusted mortgage advisers covering all areas throughout N.Ireland.Our fee structure is simple and transparent. In most cases, our service is completely free, provided you arrange both your mortgage and relevant insurance (like life cover) through us. If you only require mortgage advice, a modest fee of £295 applies—but only upon successful mortgage offer. There are no hidden costs, and your initial consultation is always free.Mc Daid Mortgages Ltd is an Appointed Representative of Stonebridge Mortgage Solutions Ltd, which is authorised and regulated by the Financial Conduct Authority.Registered Office: 40, Coneyville, Derry, N.Ireland, BT48 8FW. Registered Company Number: NI698543 Registered in Northern Ireland.

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